Answering a financial survey questionnaire is a great way of assessing the areas of personal finances you are good at, and the ones you need to improve. From college students to young adults and mid-career Millenials, we are all being increasingly put in charge of our financial security after retirement. This financial survey questionnaire has helped me to access my financial knowledge strengths and weakness.
Financial survey questionnaire
Answering a financial survey questionnaire is a great way of assessing the areas of personal finances you are good at, and the ones you need to improve.
The first five questions of the financial survey questionnaire are basic questions. This first set of questions aims to assess basic financial literacy. These questions cover topics ranging from the working of interest rates and interest compounding to the effect of inflation, discounting and nominal versus real values.
The second set of questions aims to measure more advanced financial knowledge and covers topics such as the difference between stocks and bonds, the function of the stock market, the working of risk diversification, and the relationship between bond prices and interest rates.